The fog of war usually rolls away during a ceasefire. But the murk surrounding trade is too thick to be dispelled by a temporary truce between the US and China. Shares in sectors such as autos and luxury goods jumped together in relief that tariffs will not rise on January 1. Just as indiscriminate sell-offs provide alluring buying opportunities, some of Monday’s advances may be shortlived.
戰爭的迷霧通常在停火期間慢慢散去。但籠罩在貿易戰上空的陰霾過於濃厚，美中之間暫時休戰還無法將其驅散。關稅不會在1月1日上調讓各方鬆口氣，使汽車和奢侈品等行業的股價全線上漲。就像不加取捨的拋售帶來誘人買入機會一樣，部分股票週一的上漲可能是短暫的。
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